Two Biotech Startups to Raise $70m on Wall Street

Bio Blast and Galmed have both filed prospectus with the U.S. Securities and Exchange Commission.

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Dalia Megiddo and Ehud Gilboa, the founders of the publicly traded drug firm Alcobra Pharma, are planning on floating shares in Bio Blast Pharma, a new biomed startup they formed, for trading on the Nasdaq.